Nicole Filippas, a recent graduate of Rollings Universitys accounting program, evaluated the operating performance of Poway Companys six divisions. Nicole made the following presentation to Poways board of directors and suggested the Erie division be eliminated. If the Erie division is eliminated, she said, our total profits would increase by $23,800.

Sales			$1,663,000				$100,300			$1,763,300
Cost of goods sold			978,800				76,300			1,055,100
Gross profit			684,200				24,000			708,200
Operating expenses			528,500				47,800			576,300
Net income			$155,700				$(23,800	)		$131,90

n the Erie division, the cost of goods sold is $59,300 variable and $17,000 fixed, and operating expenses are $15,500 variable and $32,300 fixed. None of the Erie division's fixed costs will be eliminated if the division is discontinued. Is Nicole right about eliminating the Erie Division? Prepare a schedule to support your answer. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. -15,000 or parenthesis, e.g. (15,000).)